Highlights

Corporate Backed

Absolute NNN, No Landlord Responsibilities Whatsoever

Wal-Mart Out Parcel

6.25% Increases

20 Miles East of Phoenix

New Construction Built to Suit

Description

This site is currently under construction and will rent commence in late November under a new 15 year absolute NNN lease with 6.25% increases every 5 years and at the 4 (5 Year) options. The property is an outparcel to a Wal-Mart Supercenter anchored center that also includes a Walgreens.

The shopping center is located on the hard corner of East Mckellips Rd and N. Lindsey Rd that boasts an overall traffic count of over 60,000 cars per day.

Mesa, Arizona is 20 Miles East of Downtown Phoenix and is the 3rd largest city in Arizona (Population 439,000) and is the 38th largest suburb in the US (East Valley Section of the Phoenix MSA).

The property is located 14 miles from Tempe and Arizona State University.

The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-BSO